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The Perth Mint sets a new sales record

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(Kitco News) - The Perth Mint has reported a record 2020-21 financial year with an underlying pre-tax profit of $56 million on turnover of $26.35 billion. This is a record for The Perth Mint’s 122-year history and cements the East Perth institution as one of Western Australia’s largest exporters of gold and silver.

Australian Mines and Petroleum Minister Bill Johnston stated “This is an outstanding result delivered by The Perth Mint and a credit to the more than 500 staff who have cemented the organization’s status as a global leader in precious metals.

He added “The Perth Mint has exported Western Australian gold to the world for more than a century in a safe, efficient and sustainable manner. Lastly, he said, “It has also become one of the State’s leading employers and a top three exporter.”

The Perth Mint CEO Richard Hayes noted “Our record-breaking performance in 2020-21 was a credit to The Perth Mint’s highly professional team who have risen to the challenges presented by the COVID-19 pandemic.

He also said, “The past financial year has been one of the most challenging the world has faced in many decades – but it also delivered unprecedented opportunities to further build The Perth Mint’s reach and reputation across the globe.”

 

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